Auto Insurance Rate

Are you sure you’re getting the lowest auto insurance rate possible? If you haven’t done any comparison shopping for car insurance lately, you’re probably paying too much. The average annual cost for car insurance in the United States is over $5,000, but you can save on your car insurance by …

* Getting all the discounts you qualify for

* Setting your deductibles high

* Keeping your credit record clean

* Comparing rates at an insurance comparison website

Get All the Discounts You Qualify For

Discounts are a great way to lower your insurance premium. Most insurance companies offer the following discounts:

* Multi-policy discount for buying your home and auto insurance from the same company.

* Good student discount for maintaining a high grade average.

* Discounts for safety features such as automatic seat belts, airbags, and anti-lock brakes.

* Discounts for taking a defensive-driving or drivers ed course.

* Discounts for being accident-free for a specified number of years.

* Discounts for anti-theft devices like car alarms and electronic disablers.

Ask your insurer about other discounts they offer and take advantage of all the discounts your qualify for.

Set Your Deductibles High

The deductible is the amount you pay out-of-pocket to repair or replace your car when it is damaged. The higher you set your deductible the lower your premium will be, so set your deductible as high as you can afford. Increasing it from $500 to $1,000 will save you 10 to 50 percent.

Keep Your Credit Record Clean

Almost all insurance companies look at your credit record and charge a higher base rate if your credit is poor. In fact, if you have a poor credit history you can pay as much as 20 to 50 percent higher on your car insurance than someone who has good credit.

Shop Rates at an Insurance Comparison Website

Insurance premiums can vary by hundreds of dollars from one insurance company to another, so you need to get quotes from several companies to get the lowest rate. By going to an insurance comparison website you can compare rates quickly and easily.

On the best insurance comparison websites you can even talk with insurance professionals to get answers to your questions, and get more tips on saving money on your car insurance (see link below).

Visit http://www.LowerRateQuotes.com or click on the following link to get low auto insurance quotes from top-rated companies and see how much you can save. You can get more auto insurance tips in their Articles section.

By: ryan@thesatellitetvguide.com

Older generations just don’t understand the youth of today and their fascination with those new-fangled video games. But in a twist of irony, insurance companies have enlisted the services of game developers to design a game that has been proven to benefit the mental awareness of elderly drivers. Those who take the time and play the game can make themselves eligible for discounts on their auto insurance rates.

Aside from playing video games, drivers of all ages can lower their auto insurance rates by comparing auto insurance quotes online from a number of different providers. But as any elderly individual can attest, finding affordable auto insurance rates is almost impossible. Now with a new line of video games engineered to improve their awareness and alertness, the elderly can once again drive without breaking their bank on auto insurance rates.

This new genre of video games is also being adopted by the armed forces and even medical hospitals as a mental as well as physical training tool which helps with the following:

Reversing age-related cognitive decline Enhancing acuity Quickening reflexes Improving memory

Play And Save On Auto Insurance Rates

Studies show that the baby boom generation are reaching old age in large numbers and are also experiencing the negative effects that come with old age, many of which hinder their driving. Developing video games, along with other activities, to improve the alertness and awareness of elderly drivers is important for all of our safety on the open road. Talk to your auto insurance agent today about how playing these special types of video games can save you on auto insurance rates.

Staff contribution: Kyle Fitzsimmons

Fill out a form for car insurance quotes.

By: Tom Lustina

This isn’t old news, but the type of car you buy affects your auto insurance rates. The more expensive or high-performance your car is, the higher your premiums will be. Why? It’s because the cost to repair a luxury or sports car is often significantly more than it is to repair an economy car. It’s a matter of mathematics. Less expensive automobiles are not as costly to repair if they’re involved in an accident. For some higher-end cars and trucks, just to replace a side-view mirror could cost a few hundred dollars.

How Rates are Set

Car insurance companies refer to the Insurance Services Office (ISO) when establishing coverage costs. The ISO is a reporting group for the insurance industry that publishes a statistical manual that rates vehicles based on the manufacturers suggested selling price, its loss history (if the car is not brand new), and in some cases the vehicles safety liability and theft level. The ISO establishes a number between 3 and 27 for each vehicle. The number assigned symbolizes the comprehensive and collision cost/coverage of that vehicle. The higher the number, the more costly it is to cover that vehicle.

Now let’s look at a few examples. If you have a car that is considered an economy car, yet the specific make and model you have has a high theft rate (i.e. it is stolen more often than other cars on the road), the number the ISO establishes for the car might be high.

For sports cars, the ISO number is normally high because the faster the car, the more prone it is to traffic accidents; and in many cases, the cost to repair high-performance vehicles is significantly more than other vehicles. Sport utility vehicles (SUVs) are also weighed as high-liability vehicles. That’s because studies have shown that SUVs cause more damage in an auto accident than a standard economy or sedan model. In this case, some auto insurance providers increase the liability premiums for high-performance cars and SUVs.

Before You Buy, Research

If you want to keep your insurance from skyrocketing, it’s a good idea to do some research before you hit the dealerships. For starters, ask your existing car insurance company for an estimate on a few makes and models you’re thinking about test driving. The quotes you get back will give you an idea of how much it will cost to insure those makes and models. Having those quotes in hand will also help you keep your spending under control by reminding you that you also need to consider insurance rates when estimating how much you can afford on a new car.

Your age, where you live, and your driving record all play a factor in the cost of your auto insurance. Of course, the ultimate factor is the type of car you drive. The difference between insuring a 4-door economy car will be significantly less than insuring a high-priced sports car. So, if you’re shopping for a new car, remember to keep your future auto insurance premiums in mind. It will help you make a more informed and affordable choice.

For more articles on Auto Insurance, visit: http://www.bills.com/auto-insurance-rates-article/

By: justin narin